Greenland Mines Advances Skaergaard Precious and Critical Metals Project with New Drilling Contract

Greenland Mines has taken another significant step forward in its efforts to develop the Skaergaard precious and critical metals project in south-east Greenland, signing a diamond drilling contract with Nordisk Fundering for the 2026 field campaign. The partnership marks an important milestone in the project’s progress, as it brings together a comprehensive range of technical expertise and resources to advance the resource categories and support future economic assessments.

The drilling program, part of the 2026 field season, will focus on several key objectives, including advancing the resource categories and collecting additional metallurgical material for ongoing studies. The campaign will also include conducting geotechnical characterization aimed at evaluating potential open-pit development scenarios, a crucial step in determining the feasibility of large-scale mining operations.

The program is set to utilize nearly 7,500m of helicopter-supported core drilling, with three helicopter-portable rigs operating on both rock and selected ice-covered sites across the Skaergaard license area. The rigs will employ a mix of HQ and NQ core drilling using both vertical and angled holes, with specific targets selected for future resource conversion, geotechnical data collection, and metallurgical studies.

Nordisk Fundering, the Scandinavian-based contractor responsible for the drilling program, brings substantial experience in Arctic and Greenlandic drilling projects to the table. The company’s expertise in geotechnical characterization will be invaluable in gathering rock-mass characterization data required for mine planning and potential pit-wall design. This aspect of the project is critical in determining the feasibility of large-scale mining operations and ensuring that the project meets the necessary technical standards.

The signing of the drilling contract with Nordisk Fundering follows a broader effort at Skaergaard, where Greenland Mines is working with GTK Mintec on metallurgical and processing test work as well as flowsheet development. These studies are designed to provide additional data to support future economic assessments and ensure that the project meets the necessary technical standards.

The comprehensive approach of the Skaergaard project involves several other stakeholders, including Rio Tinto, Norilsk Nickel, and BHP, all of which are exploring the potential of the region’s mineral deposits. The region is rich in mineral deposits, with significant potential for the extraction of precious metals such as gold and platinum group elements, as well as critical metals like cobalt and nickel.

The Skaergaard project has made significant progress in advancing its development, including the successful completion of several exploration programs and the identification of several key drill targets. However, much work remains to be done before the project can reach production levels.

The partnership between Greenland Mines and Nordisk Fundering will provide valuable insights into the Skaergaard project’s potential, helping the company to make informed decisions about its development strategy. The drilling program is designed to advance the resource categories and support future economic assessments, ensuring that the project meets the necessary technical standards for large-scale mining operations.

The Skaergaard project is significant not only for its potential economic benefits but also for its potential to provide insights into the geology and mineralogy of the Arctic region. The project’s location in south-east Greenland provides a unique opportunity for scientists and researchers to study the region’s geology and develop new technologies and strategies for extracting minerals from challenging environments.

As the Skaergaard project continues to move forward, it will be watching developments in other projects in the region closely. With several other companies working on projects in south-east Greenland, the region is poised to become a major hub for mineral extraction and exploration in the coming years.

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